Gas prices in Europe drop by 6% after President Putin directed “Gazprom”

Gas prices in Europe drop by 6% after President Putin directed “Gazprom”
Gas prices in Europe drop by 6% after President Putin directed “Gazprom”

Gas prices in Europe declined today, Thursday, after Russian President Vladimir Putin instructed the Russian “Gazprom” company to increase supplies of Russian gas to European storage stations.

According to the trading, gas prices in Europe fell in the morning trading by 6% to below the level of $1,000 per thousand cubic meters.

And gas prices in Europe fell yesterday by 3% to 1014.8 dollars per thousand cubic meters after the Russian President issued directives to the Russian “Gazprom” company on gas supplies to Europe.

And “Novosti” agency reported yesterday that President Putin instructed “Gazprom” to increase gas supplies to European storage stations, after completing the filling of Russia’s underground tanks.

The gas market in Europe is experiencing a crisis in light of the high demand for blue fuel, the decline in gas stocks in ground storage and the approaching winter season.

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Source

Gas prices Europe drop President Putin directed Gazprom

 
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